I purchased a home in 2006. Option One was the mortgage company. During the economic mess I contacted Option One to redo my mortgage or I would probably lose the house. Because my wife lost her job. Option One stated to me I didnt make enough money to redo the loan.

I was making more money now. Then when they gave me the loan. So now i did not make enough? I was the onle one listed on the loan. SO my wife income did not matter. I filed bankruptcy and asked Option one to reconsider. They still said no. I said come and get the house then. WTF CROOKS

My friend told me it would be a good idea to contact the a news station hoping to expose a mortgage companies predatory ways, and to possibly get help saving our home. We are getting no where with our mortgage company. It breaks my heart to see so many American's going threw what I'm going threw, but my story is different.

Our mortgage payment was $859, with taxes and insurance included, and our payment went up, without warning, to $5, 200. because of an escrow shortage. The escrow shortage was not due to our usual taxes and insurance. We had an abatement at our house, and the county came in and knocked down some buildings on our property, that were unsafe for use. It cost us $22, 000. The county collects it in two installments, the same way property taxes get paid.

Here's our problem, we notified our mortgage company, when we got the loan that we would pay it, I went down on the very 1st day with a check for $12, 000, and tried to pay them. But they informed me that it had already been paid. Almost a year and a half go by, and we didn't here a word from our mortgage company. We called, and called, and they told us there were not such advances.

June 2008, I called again, and finally someone said that they see it, but for us not to worry, they would spread it out in 48 months, and our monthly payment would change only a few hundred dollars. In July 2008, I almost had a heart attack when I saw the statement said $5200. Right away I contacted the mortgage company, didn't get any where. Kept on trying and trying. I was told, 'I see the problem, but I don't have the authority to change it. Then we were in default.

You see, when we applied for the loan, they knew what our monthly income was. Not only that, they were suppose to start collecting it in 2007, payments spread out to over a time of 48 months. It would take us 3 months of our paychecks to equal one payment. Not only that, we wouldn't have any money to take care of any other bills.

We tried to get a loan modification, which we got letters from our mortgage company, saying we were qualified. Only to be denied, because of our home owners insurance...get this, all of a sudden our insurance company refused to cover our house, because our house is over 60 years old. But this mortgage company found someone who would cover us, but it would cost of $3000/month. We reapplied and still got denied. How can this be legal.

The original foreclosure date was March 3rd. We still have our home, Thanks to a law firm that tried to modification. for us but were told the same stuff, and got the run around. Now we got a new foreclosure date, in 10 days, the mortgage company accelerated it. I don't want to lose my home. If anybody knows anybody or anything that can help me, please contact me @ weiss. [email protected].
I want to put out there, if you have a loan with Option One or A. H.S. M.I. a word of advice, GET OUT OF IT, and go with a company that is willing to work with you. THESE PEOPLE WONT!! What they did to me should be against the law. Now I have to file bankruptcy. I hope I can find a solution soon, and I pray for all the people in the US going through the same problems as I am. Hopefully there will be some relief soon.

My dealings with Option One have always been negative.

I always felt like I was getting the run around. I had requested my 1098 form for 2008 and was told it was mailed out. I advised that I had sent them a letter about a month ago requesting the 1098 form with my new address. The rep stated that it was mailed out to my old address. Then he asked me if I had made a request with the new address, I advised him yes about a month ago. He then tells me the 1098 was mailed and I should be getting it at the old address that they had received my request on 3/21/09. If I don't get it by April 1, call back.

I don't think it is me! I hate dealing with idiots.

Someone help all of us... option one now American home mortgage are taking our homes deliberately. They must be stopped... America has gone to *** in a hand basket with the overseas reps controlling us when they cant even communicate with us... their way or no way OK.

This company will cause the housing market to get worse no matter what plan is set forth. We need help and if anyone reading this that knows what to do please help us as many of us at at a loss. Maybe we should get a letter to the president i am starting with our governor.

We are financing a townhouse with Option One. They were calling us and insisting and being rude at various times. it was not until the 6th or 7th telephone call that this individual realized that the property is a townhouse and insurance date is not a requirement. I called to the secretary of the president and requested this individual be disciplined. Instead I received a rather crude comment form this secretary in addition. I want to switch to another mortgage company and feel Option one should totally forgive any and all early penalties in my case. I am Thomas Crum. Property is 6222 Skyline Drive, Unit 4 Houston, Texas 77057. SS # 380 40 8195.